Uniglo and Tamadoge are the 2 most hyped cryptocurrencies of 2022. Tamadoge has turn into extraordinarily well-liked such that the builders raised $8.5 million inside 24 hours from traders. On this article, we are going to clarify what Uniglo is and whether or not GLO, its native token might be funding.
What’s Uniglo?
Uniglo is an upcoming blockchain venture and cryptocurrency that might be unveiled within the subsequent few months. In keeping with its whitepaper, Uniglo is a community-based social forex that might be backed by digitized tangible property, cryptocurrencies, and uncommon NFTs.
The purpose of this cryptocurrency might be to cut back the substantial volatility that exists within the cryptocurrency business. This is a vital factor contemplating what we have now skilled within the crypto business the place the worth of most cash has crashed by over 50%.
There might be 218,750,000 GLO tokens that may have an extremely burn mechanism. 80% of these tokens might be bought to the general public whereas 7.3% might be added to a liquidity pool. 5% of them will go to the Uniglo Basis whereas 5% and a pair of% will go to growth and advertising and marketing.
Uniglo value prediction
Like Tamadoge and Sweatcoin, it’s unattainable to do a Uniglo value prediction for the reason that coin has not been launched. In keeping with the builders, the primary pre-sale passed off between fifteenth July and fifteenth August. The second presale will run till September 15. After that, there might be a token sale between fifteenth September and fifteenth October.
This era may even embody the launch of the GLO token by an airdrop. The ultimate main step might be wrapping the token for multi-chain capabilities.
So, is Uniglo cryptocurrency to purchase? Whereas Uniglo has been extraordinarily hyped, we consider that it’s an especially dangerous coin to purchase. For one, we have now already seen so many crypto scams previously few months.
Additionally, it’s unclear who the founders of Uniglo are and whether or not it’s truly registered. Subsequently, the advice is that you need to wait earlier than you put money into it.